March 23, 2024
European monuments the latest to go dark to mark Earth Hour worldwide
Monuments across Europe went dark on Saturday to mark the worldwide Earth Hour event. Among them was the Brandenburg Gate in Berlin where the lights went off as part of a global movement that encourages nations to switch off their lights at 8:30 pm local time for an hour to bring attention to the issues of nature loss and climate change. In Germany, alongside highlighting environmental issues, the event sought to comment on the political climate. "The current zeitgeist is tense. Crises, conflicts and wars are keeping people very busy," said Viviane Raddatz, Head of Climate at WWF Germany. Washington — Tucked in the massive funding bill signed Saturday by President Joe Biden is a provision banning the flying of LGBTQ Pride flags over U.S. embassies, but the White House has vowed to work toward its repeal. The prohibition was one of many side issues included in the mammoth $1.2 trillion package to fund the government through September, which passed early Saturday shortly after a midnight deadline. CONTINUE READING Show less Donald Trump is ready to take Truth Social public, and he's expecting to have a huge cash infusion as a result. But the last time he took a company public, it didn't go so well for the company or investors. Trump's decision to go public with his right-wing Social Media company mirrors a move he made with Trump Hotels and Casino Resorts, according to CNBC. "While a 2016 Washington Post review found that Trump made over $44 million, the company — Trump Hotels and Casino Resorts — lost more than $1 billion and ended up in bankruptcy," the report states. ALSO READ: A neuroscientist reveals how Trump and Biden's cognitive impairments are different It continues: "This time around, there’s at least one similarity between the two ventures separated by decades. The newly merged company that’s set to go public, Trump Media, will be listed on the Nasdaq stock exchange with the letters DJT, Trump’s initials," according to the outlet. "Trump Hotels and Casino Resorts used the same stock ticker when it went public with great fanfare in 1995." According to the report, that company "lost money every year, but its stock prices did well — for a time. In the initial public offering, the company raised $140 million, selling 10 million shares at $14 each." Even that success eventually faded. "By 1996, the stock reached a high of $35 a share before plummeting later that year, in part because the company bought another casino for $100 million more than its estimated $400 million value, The New York Times reported in 2016," according to the report. "The company, meanwhile, kept bleeding cash. The year the stock peaked, it lost $66 million. In 1999, it lost $134 million. And in 2004 — when the company filed for Chapter 11 bankruptcy protection and was delisted from the New York Stock Exchange — it lost $191 million, according to a CNBC review." Read the report here. CONTINUE READING Show less The Israeli army continued attacks on Hamas targets in Gaza and dozens more Palestinians were killed as UN chief António Guterres, on a visit to the Rafah border crossing on Saturday, once again demanded an "immediate humanitarian ceasefire." The Israeli air force struck some 35 targets on Friday, including operational command centers, MILITARY posts and "the infrastructure of terrorist organizations," the military said on Saturday, claiming that dozens of enemy fighters had been killed in ground battle and airstrikes in the Gaza Strip over the past day. CONTINUE READING Show less
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